To be fair, Mitcham3133, the Board and executive management of CRO embarked on a self-imposed moratorium on its fees and salaries last year which we were told in the December Quarterly, will remain in force "until the company moves into a cashflow positive position".
So you're perhaps being a bit tough on 'em there.
Also, while It's true last year was characterised by a number of false starts and fumbles by the Company, they were not entirely of CRO's own making - I'm thinking here of Telstra's mid-year business restructure that wholly unlooked-for, upset more than a few applecarts.
Besides, the recently announced EMBU supply contract to deliver PoolBox to 150 independentretail pool stores across Australia & NZ in 2019, which is expected to deliver a minimum ~$1M during the year withmonthly recurring revenue of $82,350 (about $3.7m over its 3-year term), gives real hope of a turning point for the Company here.
Particularly when it can serve as the blueprint for CRO's push into the huge US pools market - and beyond, into other markets and verticals.
